https://www.taxtmi.com/caselaws?id=411729 Rule 8 valuation under the Central Excise Valuation Rules applies only where excisable goods are not sold and are consumed by the assessee or on his behalf in producing or manufacturing another article. Transfers of raw coal between separately registered units of the same legal entity did not, by themselves, justify a related-person valuation basis, and coal washing was not manufacture of another article. The demand built on that footing was unsustainable. The extended period of limitation also lacked support from positive evidence of fraud or wilful suppression, and the penalty under Section 11AC could not survive once the demand failed. en-us Fri, 27 Aug 2021 00:00:00 +0530 Thu, 02 Sep 2021 13:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411729 Rule 8 valuation under the Central Excise Valuation Rules applies only where excisable goods are not sold and are consumed by the assessee or on his behalf in producing or manufacturing another article. Transfers of raw coal between separately registered units of the same legal entity did not, by themselves, justify a related-person valuation basis, and coal washing was not manufacture of another article. The demand built on that footing was unsustainable. The extended period of limitation also lacked support from positive evidence of fraud or wilful suppression, and the penalty under Section 11AC could not survive once the demand failed. Case-Laws Central Excise Fri, 27 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411729